At market level
median 967 €/m² for comparable properties
18,500 € 1,027 €/m²
Rent covers ~ 135% of the payment
~ 111 €/mo rent · pays for itself in ~ 14 yrs
Sale24,000 €1,200 €/m²
Expected rent111 € /mo
~4,500 € ABOVE MARKET
overpriced
against the median for garages/parking in Drujba 3 (10 properties)
Area
20 m²
Floor
0 / 1
Yield analysis
Fair investment rating
Monthly payment106 €20% down payment · 20 yrs · 3%
Expected rent111 €at market conditions for the neighbourhood
The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This garage/Parking is priced about 4,500 € above the typical price (the median) for garages/parking in Drujba 3 (10 properties) — 1,200 €/m² against 967 €/m².
With 20% down over 20 years the monthly mortgage payment is about 106 €, against an expected local rent of 111 €. The rent covers the whole payment (104%).
Amenities
- Electricity
Details
- Category
- Commercial
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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